CoinMajesty

ETH - Ready to Blow Up

Long
POLONIEX:ETHBTC   Ethereum / Bitcoin
After a peak on June 20th, ETH has been in a downtrend for a while. Bitcoin stole the show in the previous months and Ethereum has not really had the change to shine. But things might be about to change. I believe that Ethereum has found a bottom now and it will break up from the descending channel with a vertical shape. Once it does so, it will break likely upwards from the bigger downtrend channel with a more horizontal shape, to then blow up to the given targets.

Entry: 0.046 if the downtrend channel breaks up.

TP1: 0.062.
TP2: 0.086.
TP3: 0.116.
TP4: 0.1335.

Stop-loss: 0.038.

Good luck :)

Follow the journey of BTC & ZEC:

Art & Coins Feed
t.me/ArtCoinsFeed
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.